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In May 2023, Citric Acid saw a remarkable growth rate of 78% month-to-month. However, by December 2023, citric acid imports sharply decreased in value to $2.7M.
The rate of growth for Citric Acid reached its highest level in April 2023, with a significant month-to-month increase of 38%. In terms of value, imports of Citric Acid amounted to $7.8M in November 2023.
From November 2022 to September 2023, the import growth of Citric Acid failed to regain momentum. In terms of value, Citric Acid imports slightly increased to $11M in September 2023.
In March 2023, Citric Acid imports experienced the fastest growth rate with a 57% increase month-on-month. In terms of value, imports of Citric Acid reached $2M in August 2023.
In June 2023, the price of Citric Acid was $1,108 per ton (CIF, India), showing a decrease of -7.9% compared to the previous month.
The price of Citric Acid in March 2023 was $1,021 per ton (CIF, Turkey), reflecting a decrease of -2.9% compared to the previous month.
In May 2023, the citric acid price amounted to $1,958 per ton (FOB, Thailand), picking up by 13% against the previous month.
In February 2023, the citric acid price amounted to $1,822 per ton (CIF, Netherlands), picking up by 2.4% against the previous month.
In August 2022, the citric acid price per ton amounted to $4,077, declining by -4% against the previous month.
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